- A BTC wallet and a Lightning address will soon be made available to corporate account users.
- The founder of MicroStrategy believes Bitcoin will be the dominant currency in the future.
MicroStrategy, a developer of business software and analytics, has stated that it would soon release a number of products relating to Bitcoin. A Bitcoin (BTC) wallet and a Lightning address will soon be made available to corporate account users, as he revealed in a recent Twitter post.
Employees, customers, prospects, and partners may quickly and easily build and deploy bitcoin rewards apps with this extension. The Bitcoin Lightning Network is a development that has the potential to revolutionize the cryptocurrency sector and push BTC towards widespread use. Saylor has long had a positive outlook on the BTC Layer 2 scaling solution.
Banking on Layer 2 Scaling Solution
The founder of MicroStrategy, who believes Bitcoin will be the dominant currency in the future, thinks the Lightning Network will make financial transactions faster and cheaper.
Saylor stated:
“If you’re going to do payments and transactions high speed, you’re going to need a base layer that’s ethically sound, economically sound, and technically sound. That’s what Bitcoin is. But then billions and billions of transactions are going to go on a layer 2 like Lightning.”
In the long run, this is expected to increase demand for Bitcoin. Despite not being a cryptocurrency company, MicroStrategy now has the greatest BTC holding in the world. Over the course of roughly three years, the intelligence business has amassed more than 140,000 Bitcoin.
According to a document filed with the SEC on April 4, 2023, MicroStrategy bought 1,045 Bitcoin between March 24 and April 4, 2023. The company is still actively accumulating Bitcoin.
Source: https://thenewscrypto.com/michael-saylor-eyes-delivering-bitcoin-wallet-address-to-corporate-users/